Howmet Aerospace Restructuring charges, net of cash paid (Note 15) decreased by 205.7% to -$93.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2225.0%, from -$4.00M to -$93.00M. Over 3 years (FY 2021 to FY 2025), Restructuring charges, net of cash paid (Note 15) shows relatively stable performance with a -2.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
High levels indicate significant organizational change, which may lead to future margin improvements but signals current operational friction.
The net impact of costs incurred to reorganize business operations, including severance, facility closures, and related...
Frequently seen in mature consumer goods companies undergoing periodic cost-saving initiatives.
operating_restructuring_costs_and_asset_impairment_charges| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.50M | $22.50M | $22.50M | $14.00M | $14.00M | $14.00M | $14.00M | $4.00M | $15.00M | $0.00 | $22.00M | -$1.00M | $0.00 | -$4.00M | $0.00 | $0.00 | $88.00M | -$93.00M |
| QoQ Change | — | +0.0% | +0.0% | -37.8% | +0.0% | +0.0% | +0.0% | -71.4% | +275.0% | -100.0% | — | -104.5% | +100.0% | — | +100.0% | — | — | -205.7% |
| YoY Change | — | — | — | — | -37.8% | -37.8% | -37.8% | -71.4% | +7.1% | — | — | -125.0% | -100.0% | — | -100.0% | +100.0% | — | <-999% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Engineered Structures | — | — | — | — | $0.00 | — | — | -$93.00M |
| Engine Products | -$1.00M | $1.00M | $1.00M | $0.00 | $0.00 | $0.00 | — | $0.00 |
| Fastening Systems | $2.00M | $1.00M | $2.00M | $0.00 | $1.00M | $0.00 | -$1.00M | $0.00 |
| Forged Wheels | — | — | — | $0.00 | -$1.00M | — | — | $0.00 |
| Total | $22.00M | -$1.00M | $0.00 | -$4.00M | $0.00 | $0.00 | $88.00M | -$93.00M |